The footage was uploaded to Facebook and watched thousands of times by people scratching their heads as to what on God's green Earth that thing is (and also why the person filming it didn't run a mile!).
The footage shows another small creature in the scene scurrying away as the larger insect continues flexing.
It has emerged that the creatures is actually a creatonotos gangis moth, which is found in Australia and parts of Asia.
According to Wikipedia, creatonotos gangis is a species of arctiine moth found in South East Asia and Australia. Males have four large eversible coremata (scent organs), which can exceed the length of the abdomen when inflated. These must be what we referred to as the 'hairy tentacles'.
It lives in South East Asia and parts of Australia. Its Asian distribution includes parts of Indonesia (Eastern Indonesia), India, Sri Lanka, China, Japan, Thailand and New Guinea. In Australia, it is restricted to northern parts of Western Australia, Northern Territory and Queensland, extending as far south as Mackay.
We'll stick to petting the koalas please...
World's strangest animals
World's strangest animals
Where can I find one? These endangered nocturnal primates are typcially found in the eastern rainforests of Madagascar. They're also known to hang out on the island of Nosy Mangabe, on the country's eastern coast.
Tell me a secret: According to legend, the aye-aye is an evil omen. It's so feared by the people of Madagascar that it is still often killed on sight.
Where can I find one?Alpaca are kept in herds for their wool on the level heights of the Andes of southern Peru, northern Bolivia, Ecuador and northern Chile.
Tell me a secret: Alpaca spit at each other (and humans) when they're cross.
Where can I see one? Sometimes referred to as a sea cow, the dugong lives in the shallow coastal waters of northern Australia, where they can live for up to 70 years.
Tell me a secret: Although an acquatic mammal, the dugong is actually more closely related to the elephant than the whale or dolphin.
Where can I find one? This primate lives in southwest Amazon Basin, north Bolivia, west Brazil and Peru.
Tell me a secret: The emperor tamarin allegedly got its name because of its similarity in appearance to the German emperor, Wilhelm II.
Where can I find one? The flightless kiwi bird can only be found in New Zealand. It's semi-nocturnal and very shy - so very few New Zealanders have seen their national bird in the wild.
Tell me a secret: Despite its awkward appearance, a kiwi can outrun a human.
Where can I find one? The probiscis monkey is found exclusively on the island of Borneo in south east Asia, primarily in mango swamps. Their long noses are thought to attract females.
Tell me a secret: The probiscis monkey is an expert swimmer and has the longest nose out of all primates.
Where can I find one? Along the southern and western coasts of Australia. Leafy sea dragons have become endangered through pollution and are now a protected species.
Tell me a secret: Because of their excellent camouflage, leafy sea dragons don't have any natural predators.
Where can I find one? These strange-looking animals remain furless all their lives and live in parts of Sub-Saharan Africa. They are virtually blind but have acute hearing.
Strange fact: Naked mole rats live in colonies led by one dominant rat (the queen). Like some insect species, the queen is the only naked mole rat female to breed and bear young.
Where can I find one? The platypus is unique to Australia, inhabiting fresh water streams, rivers, lakes and farm dams.
Tell me a secret: The male platypus has a venomous spur on the inside of each hind claw. The poison can kill a dingo and is said to be leave humans helpless for several weeks.
Where can I find one? The soft-shelled turtle can be found in the waters of China and south east Asia as well as Russia.
Tell me a secret: Using its long nostils, the Chinese soft-shelled turtle can snorkel in shallow water using its long nostrils.
These bugs have extremely long and powerful legs that make them look like they are doing wacky dance moves. Native to Peru, the insects resemble stick insects but have distinctly horse-shaped faces - hence their names...
Where can I find one? The largest and heaviest lizards on earth, komodos are also the most lethal. They're native to Indonesia, and will eat anything, including deer, pigs, water buffalo and even humans. Their saliva teems with bacteria, so within 24 hours of being licked or bitten, most animals will die of blood poisoning. They are classified as an endangered species and protected under Indonesian law.
Tell me a secret: Komodo dragons have lived for millions of years, but were only discovered by humans 100 years ago.
Where can I see one? One of the world's smallest primates, the tarsier lives in the forests of Sumatra, Borneo and the Philippines.
Tell me a secret: Tarsiers have the biggest eyes of any land mammal. In fact, their eyes are so large that they'd be the equivalent to the size of a grapefruit in a human being.
Where can I see one? These nocturnal creatures are Australian egg-laying mammals who live in rainforests and deserts.
Tell me a secret: An echidna can lift an object twice its weight.
Where can I see one? You'll have to dive pretty deep - they inhabit the extreme depths off the coasts of Australia and Tasmania as well as Japan - but even if you did that you'd be very unlikely to see one as they're pretty rare, thanks to overfishing.
Tell me a secret: The blobfish has no muscles - it floats above the sea bed as a gelatinous mass.
Where can I see one? These distinctive tentacled underground mammals are native to north America.
Tell me a secret: Star-nosed moles have 22 tentacles with more than 25,000 receptive organs - all in a space smaller than one square centimetre.