Magic Twisty Worm-Multicolor

This is a "Pushistik Bayla" (Пушистик Байла) toy, also known as a Magic Worm or Twisty Worm. 

It is a small, fuzzy worm-like toy designed to create illusions of movement, appearing to move on its own through manipulation with an invisible thread. The packaging indicates it contains small parts and is intended for children over three years old