Well, no, it's the start of the next butterfly wing, but with all the ends hanging down, it looks kind of like a jellyfish.
With most patterns I work the ends in as I go so I don't have to deal with them all at the end. The third round of the butterfly wing, though, consists of separate groups of 4-ring clusters. Since each little bit is so small, I found it more efficient to do all the tatting first, then all the sewing. It does seem annoying to have so many ends to hide, but if you think about it, each pair only takes a couple of minutes to sew in, so it's not that bad.
I can't believe Squijum slept through having this many loose threads dangling.
Just so you know, in addition to the ongoing butterfly, I will be starting my Christmas presents in the next day or two, so I may have fewer posts over the next few weeks. It doesn't mean I'm not crafting, it just means I can't show everything I make!