Squid Game Season 3: 4 Fan Theories That Will Blow Your Mind

Squid Game season 2 left viewers on a cliffhanger. But that didn’t stop fans from making theories and predictions about the third season which will blow your mind. Keep reading to know more.
squid game fan theories

Most-awaited Squid Game season 3 was released on December 26, 2024, and left fans on a cliffhanger. The last episode of chapter 2 shows Gi-Hun’s plan to put an end to the deadly game disastrously fail, which led to the death of his peers. As player 001 (the front man) betrayed Gi-Hun at the end, he is back to square one. Now the third season will supposedly pick up right from where it left in the previous season where Gi-Hun might be forced to continue the games with the remaining players.

As per media reports, viewers will have to wait till June 26, 2025 for the third season to arrive, which has given them a lot of time to build up theories and predictions of what will happen in the third and final season.

Squid Game Season 3 Fan Theories

Here are some mind-boggling fan theories that will give you an idea of what you could expect in the upcoming season:

Seong Gi Hun might become the next Front Man

front man

In season 2, Seong Gi-Hun (Lee Jung Jae), also known as Player 456, is driven by his rage to put an end to the brutal games that have claimed hundreds of lives. However, a surprising twist could be in store for season 3 where Gi-Hun might win a face-off against the Front Man (Lee Byung Hun), only to be appointed as the new Front Man by the organisation Squid Game. With no other choice, Gi-Hun may take on the role,aiming to dismantle the entire Squid Game operation from within.

The boat captain is the true mastermind behind Squid Game

In a shocking twist, the captain is revealed to be a mole in season 2, episode 7. He's been sabotaging the investigation, even killing a mercenary and dismantling a drone. But here's the kicker—he's not just a mole, he's the one in charge of the Squid Game operation. His rescue of Detective Hwang Jun Ho may have been just a ploy to keep the police at bay.

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Front Man isn’t the only VIP among the players

vip 3

This one will totally blow your mind. Just as we were shocked to discover that Player 001, the elderly man, was a VIP in Season 1, Season 2 might have a similar surprise in store. Look up the Season 2 cast on Google and you'll stumble upon a stunning twist—player 125, the timid and anxious young boy, is actually VIP 3.

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The next winner is Player 222’s unborn baby

222

Player 222, Kim Jun Hee, is heavily pregnant and on the verge of giving birth. It's likely that her baby will arrive in season 3. Meanwhile, an intense showdown might happen between the players, the pink soldiers, Front Man, and the VIPs, which could potentially become an all-out battle with no survivors. However, in a shocking twist, the newborn baby might emerge as the sole survivor, tucked away in a blanket at a corner far from the bloodshot. According to the rules, the baby might be declared the last person standing as the winner.

As the makers of Squid Game have confirmed the third season to be the finale, now they are expected to tie up the loose ends and give a dramatic end to the story.

Keep reading Herzindagi for more such stories.

Credits: IMDb

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