a red variable star in the constellation Monoceros about 20,000 light years (6 kpc) from the Sun. The previously unknown star was observed in early 2002 experiencing a major outburst. The reason for the outburst is still uncertain, but several conjectures have been put forward, including an eruption related to stellar death processes and a merger of a binary star or planets.
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ahh... well i think you have to click View Full Size to see this GIF in action. :-)