Warning: There are spoilers for Breath of the Wild ahead.
Yes, that’s a flying snake like fire dragon. Where have we seen something like this before? Well, in Ocarina of Time, with a boss called Volvagia. We can’t say this is Volvagia returning for sure, but even if it’s not, it’s certainly something highly related to that dragon. This one is also massive, at a scale the original Volvagia never truly reached. Is it March 3rd yet?