To see the giant squid on Club Penguin just go play aqua grabber! Oh and if you do see the squid you get a stamp.
Chat with our AI personalities
at the pool underground
You wait at the bottom
play 5 times, and on the 5th time, it will show up
If you mean the one by the underwater cave you have to follow the squid on the first level of rescue the black puffle there is a squid follow it and you will come to a door which the key is hidden in.
Someday a game like club penguin will come out just wait and you'll see