The octopuses of the genus Grimpoteuthis are also known as “Dumbo octopuses” from the ear-like fins protruding from the top of their head-like bodies, resembling the ears of Walt Disney’s flying elephant.
They are benthic creatures, living at extreme depths: 3000-4000 meters, and are some of the rarest of the Octopoda species. They can flush the transparent layer of their skin at will, and are pelagic animals, as with all other cirrate octopuses, and unlike many other incirrate octopuses.
Image source: geekologie.com
More info: wikipedia.org