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Squid Game Season 3 Ending Explained: The Shocking Finale That Changes Everything

Rahul Roy by Rahul Roy
June 28, 2025
in Entertainment, Web Series
0
Squid Game Season 3 Ending Explained: The Shocking Finale That Changes Everything

MAJOR SPOILERS AHEAD! The final season of Netflix’s global phenomenon has delivered its most heart-wrenching conclusion yet. Here’s everything you need to know about how Squid Game ended after three seasons of psychological horror.

Table of Contents

  • Quick Finale Breakdown
  • Who Won Squid Game Season 3?
  • Gi-hun’s Ultimate Sacrifice
  • The Final Game: Sky Squid Game
  • Character Fates Revealed
  • That Cate Blanchett Cameo Explained
  • Front Man’s Character Arc
  • Series Conclusion & Future
  • Critical Reception
  • The Deeper Meaning
  • Watch & Explore More

Quick Finale Breakdown

Key DetailWhat Happened
WinnerPlayer 222 (Jun-hee’s baby)
Prize Money45.6 billion won
Gi-hun’s FateDies sacrificing himself
Final GameSky Squid Game (3 towers)
Shocking CameoCate Blanchett as US recruiter
Series StatusFinal season (spin-offs possible)

Who Won Squid Game Season 3?

In the most unexpected twist, Player 222 – Jun-hee’s newborn baby – wins the entire competition. The infant becomes the youngest Squid Game champion ever, representing hope for future generations according to creator Hwang Dong-hyuk.

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Gi-hun’s Ultimate Sacrifice

Our beloved protagonist Player 456 makes the ultimate sacrifice in the final moments. Facing the choice between pressing a button to kill the baby or sacrificing himself, Gi-hun chooses death. His final words – “We are not horses. We are humans. And humans are…” – remain unfinished as he falls to his death.

Why This Matters: Gi-hun’s sacrifice proves to the Front Man and VIPs that contestants retain their humanity despite the games’ brutality.

The Final Game: Sky Squid Game

The season’s climactic challenge involves navigating three massive stone towers shaped like a square, triangle, and circle. Players must kill competitors to advance between towers, with survivors splitting the prize money.

Squid game season 3 1

Character Fates Revealed

Major Deaths:

  • Gi-hun (Player 456) – Sacrificial death
  • Myung-gi (Player 333) – Falls during fight with Gi-hun
  • Multiple players during Sky Squid Game

Survivors:

  • Jun-hee’s baby (the winner)
  • No-eul (Pink Guard) – Escapes with hope of finding her daughter
  • Detective Jun-ho – Survives and continues his mission

That Cate Blanchett Cameo Explained

The finale’s most shocking moment comes in Los Angeles, where Front Man In-ho witnesses a suited woman (Cate Blanchett) playing ddakji with a homeless man. This scene sets up a potential American Squid Game spinoff.

What It Means: The games aren’t limited to Korea – they’re a global operation with recruiters worldwide.

Front Man’s Character Arc

In-ho’s journey comes full circle as he delivers Gi-hun’s belongings to his estranged daughter in LA. Gi-hun’s sacrifice helps In-ho rediscover his “humanity and conscience”, marking a potential redemption arc for the series’ antagonist.

Series Conclusion & Future

This marks the definitive end of Squid Game – there will be no Season 4. However, creator Hwang Dong-hyuk has discussed potential spin-offs, with the Cate Blanchett cameo heavily suggesting an American version.

Rumored Projects:

  • American Squid Game (potentially with David Fincher)
  • Prequel showing events between Seasons 1-2

Critical Reception

Early reviews are mixed but praise the emotional impact:

  • Audience Score: 50% on Rotten Tomatoes (compared to 83% for Season 1)
  • Critics’ Consensus: Dark, devastating, but a fitting conclusion

The Deeper Meaning

Creator Hwang Dong-hyuk intended the baby’s victory to represent hope. As he explained, “The baby represents the future generation… we have the responsibility to leave a better world for the future generation”.

Watch & Explore More

Ready to experience the finale yourself? All six episodes of Squid Game Season 3 are now streaming on Netflix.

The end of Squid Game leaves us with powerful questions about humanity, sacrifice, and hope. While Gi-hun’s story concludes, the global reach of these deadly games suggests the nightmare is far from over.

Read more: Squid Game Season 3 Games Explained: Complete Guide to Rules, Deaths & Game Order

Tags: Squid GameSquid Game Season 3Squid Game Season 3 EndingSquid Game Season 3 Ending Explained
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