This is Gossamer, the monster from Looney Tunes, originally created back in the late 1940's. I've created him with the plan that I'll eventually create a certain rabbit to fit in his fist, though other items could easily be put there. if scaled up, it might hold a pencil, but not at his roughly-7" height.
I have some optional heels created to help him stabilize if you have problems with his tipping over. If there are enough requests I may design a base for him to stand on.
For colors, I used Inland True Red PLA+ for the body; the black and white were standard PLA (also from Inland, but not critical in this case). I used tree supports for the body and shoe laces, which came away very cleanly.