The Marvel Cinematic Universe (MCU) has left so many threads dangling in the past several years--remember that giant hand that emerged from the Earth in Eternals? Nobody in the MCU does, apparently. No recent cliffhanger has been bigger than that at the end of Loki Season 1. We knew at the time that what happened would lead to the next big overall big bad of the MCU, but we've had little sense for what it meant in the present.

But now, six movies and five seasons of TV later, the MCU has followed up on that cliffhanger for the first time in Ant-Man & The Wasp: Quantumania. It's kind of an indirect follow-up, but it's enough that we can make some pretty confident inferences.

Warning: This article contains spoilers for Ant-Man & The Wasp: Quantumania, as well as Loki Season 1. It also features speculation about Loki Season 2.