Okay, I know I'm retired but I just found this in Walmart and had to share with you OTs in the field!
Is it an octopus? Is it a spider? Well, at least it's a fidget.
It is manufactured with all the strands connected to a central hub but it's meant to be pulled apart so each strand can be used as a cable tie. The nubs along the strands are subtly bumpy and it feels great on the fingertips.
With caution I think it might be used as a fidget bracelet or pencil cloak.
$2.98 for a cluster of 10 strands. Found it in the holiday section at the store, near the other clips for hanging lights, etc.