Who could it be? Episode two of Stranger Things 5 has been one of the most speculated about elements of the season...and we were basically all correct about what it was going to be. Spoilers ahead if you have not seen episodes ONE AND TWO of Stranger Things 5 . The Sweet So, yes, this episode kicks off with the vanishing of... Holly Wheeler. To the surprise of absolutely nobody! But that's fine, because that sequence ruled. Ross Duffer teased this episode's cold open a while