It could be Orochimaru. Since Naruto was a potential threat to his plans in the original story, if Naruto died as a baby, Orochimaru might be able to carry out his experiments and schemes more freely without having to worry about Naruto interfering in the future.
The Nine - Tails itself could be seen as an antagonist in a sense. Without Naruto to control it, it could break free more easily and cause chaos in the village. It might not be a traditional 'evil' antagonist, but its unrestrained power would definitely be a major threat to Konoha in this fanfiction scenario.
Maybe Danzo. He was always power - hungry and had a rather ruthless approach. With Naruto out of the picture as a baby, he could try to gain more control over the village in a more extreme way, eliminating anyone who stands in his way. He might see Naruto's death as an opportunity to reshape Konoha according to his own vision.
It could be an unknown shinobi from a far - off land. A shinobi with powers that Naruto has never encountered before. This new antagonist might have some dark and powerful jutsu that Naruto simply isn't prepared for, which ultimately leads to his downfall on the bridge.
It could be an ancient evil that was sealed away long ago but has been released due to Naruto's death. Maybe Naruto's sacrifice in his previous life weakened the seal, and now this evil has emerged. It could be a powerful demon or a dark ninja with extremely strong and malevolent jutsu.
It could be someone who was secretly behind Naruto's death in the first place. Maybe a rogue ninja who has a vendetta against the Hidden Leaf and saw Naruto as a major obstacle.
It could be a new character created just for the fanfiction. Maybe a rogue ninja who has mastered a dark and powerful jutsu that Naruto has no defense against. This antagonist could be seeking revenge on Konoha for some past wrong and sees Naruto as the biggest threat to his plans.
Danzo could be a great antagonist even when Naruto is a baby. He might see Naruto as a threat to his plans for Konoha's future and try to get rid of him secretly while making it look like an accident.
A rogue ninja from another village could be the main antagonist. Maybe a ninja from the Hidden Mist Village who has a personal grudge against Konoha and sees Naruto as the symbol of Konoha's strength. So, he devises a complex plan to take down Naruto. This ninja could have some unique and deadly jutsu that Naruto has never faced before, which ultimately leads to his downfall.
It could be a long - lost relative of one of the old villains like Orochimaru. Maybe this person has been in hiding, training and growing in power, and now wants to take revenge on Konoha for what happened to their family member.
Perhaps it's a rogue Shinigami who doesn't want Naruto to figure out how to control his new form. This Shinigami might fear that Naruto could disrupt the balance between Hollows and Shinigami if he becomes too powerful in his hollow state. So, he tries to stop Naruto at every turn, creating a lot of conflict in the fanfiction.
The warden of the Blood Prison could be the main antagonist. He might be a power - hungry and corrupt individual who sees Naruto as a threat to his control over the prison. So, he devises plans to get rid of Naruto, which ultimately lead to Naruto's death.
It could be a rogue ninja who has mastered a forbidden jutsu and wants to destroy the village out of revenge. Naruto would then have to face this extremely powerful foe and in the end, sacrifice himself to stop the destruction.