Squid Game Season 3 dropped on June 27, and if you’re still processing everything, same. The ending wasn’t just intense; it was straight-up haunting. Sure, we got a winner, and the island went up in flames (literally), but did we get closure? Not exactly.
What we did get was more mystery, new characters, and a heavy dose of “Wait, what just happened?” energy.
Let’s break it all down. Here are the seven biggest questions that the Squid Game 3 finale left us with—and a few guesses at what might be next.
Warning: Spoilers Ahead. Proceed only if you’ve finished watching.
1. Is Gi Hun Gone For Good?
This one hurts. Our OG player 456 went out like a hero. Instead of giving in to the game’s twisted logic, he chose humanity, sacrificing himself to save a newborn baby in the final round.
His last words? “We are not horses. We are humans.”
Chills.
While some fans are holding out hope that he survived (because hey, anything’s possible in Squid Game), it feels like his story came full circle. His death could very well be the spark that lights a bigger fire in future seasons or spin-offs.
2. What Happened To The Front Man?
Turns out the Front Man isn’t done just yet. In the final moments of Squid Game 3, we see him order the island’s destruction and escape with Jun Hee’s baby. A few months later, he pops up in Los Angeles, checking in on Gi Hun’s family.
So yeah, he’s alive. And probably planning something even bigger. A global version of the game, maybe?
3. Were There Any Easter Eggs We Missed?
Oh, plenty.
The Latin phrase “hodie mihi, cras tibi” (“Today me, tomorrow you”) was written on the walls—basically a warning that no one is safe.
“사람 조심 바보” (“Beware of people, idiot”) popped up in Korean just before Player 333’s betrayal.
The phrase “안전 제일” (“Safety First”) ironically hung in the room where one of the most brutal games happened.
Gi Hun’s timer paused at 4:56, a sneaky nod to his player number.
And that “blacklist players” folder? Left unopened. Definitely coming back later.
This season might be over, but the clues are still screaming, “We’re not done yet.”
4. Who’s Running The Game Now?
With Oh Il Nam gone and the Front Man kind of off the radar, a new player is entering the scene.
Enter: Cate Blanchett.
Yes, that Cate Blanchett. She shows up at the end, playing Ddakji with potential recruits, just like the recruiter in Season 1. It looks like the game is going global, and she might be leading a whole new chapter.
5. Did Jun Ho Finally Crack The Case?
Poor Jun Ho. After years of investigating and losing his brother to the Game, he finally finds the right island—only for the whole thing to explode.
He and No-eul manage to survive, but the Front Man wipes every trace. Once again, the system wins. But No-eul might have found something-a—tiny clue, a crack in the foundation—that could blow it all open. Maybe not today. But soon.
6. What About The VIPs? Did They Get Away Again?
Sadly, yes. The masked elites who treat murder like a game of poker are still out there. By the end of Squid Game 3, they’re sipping drinks, completely unbothered by the chaos they helped fund.
They represent exactly what the show is trying to criticize—powerful people who never face consequences. And that’s why a spin-off could be their downfall.
7. Is A Squid Game Spin-off Happening?
All signs point to yes.
Cate Blanchett’s surprise appearance screams “new chapter.” Plus, actor Lee Byung Hun (the Front Man) teased on Jimmy Fallon’s show that something spin-off-ish might be on the way.
Whether we dive deeper into the Front Man’s past or follow the game’s expansion into the U.S., one thing’s for sure: this story isn’t over.
Final Thoughts
Squid Game 3 didn’t just give us one ending—it opened a whole new world of possibilities. While Gi Hun’s journey may be over, his sacrifice could set the stage for a bigger war. The Game is changing. The stakes are higher. And the next players? They might not play by the old rules.
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