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One might speculate that Ungoliant was an 'unintended consequence' of Melkor's discord: he didn't consciously create her, or corrupt her like the Balrogs, but rather she came in to being as a sort of embodiment of the dissonance Melkor introduced into the Music, like volcanoes and earthquakes- and just possibly an analogue to Bombadil, whom I've always envisioned as a sort of self-aware 'exhalation' of Middle-earth.
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