They are very adaptable and live in everything from small swallow pool to depth up to 2,000 m (6,600 ft). Only two or three giant Pacific octopus paralarvae will live to reproduce. The Octopus of different species lives in every ocean of the world. That is because those are the only two animals that are common to those conditions that a mimic octopus can survive on. The mimic octopus can also flex its body to resemble more dangerous animals, such as eels and lionfish, according to the World Animal Foundation. Until the octopus becomes an adult, the creature is vulnerable. Most cephalopods, including octopods, are “semelparous”: they die after reproduction. However, there are also species of Octopus that live in other marine environments, including the ocean deeps. Octopus Habitat and Distribution. Male octopuses do reach adulthood earlier, but they may still be too small to mate. If an octopus does get caught — no problem. The mimic octopus — known as Thaumoctopus mimicus to its marine biologist friends — is a species of octopus that is found in the waters of the Indian Ocean as … Octopus is eaten in many cultures and is a common food on the Mediterranean and Asian coasts. The arms and sometimes other body parts are prepared in various ways, often varying by species or geography. The long, spindly arms and relatively weak suckers of the mimic octopus seem to indicate that it may not be able to escape in this fashion very easily. Males live only a few months after mating, females usually die a few days after their eggs hatch. Yes, species of Octopus do indeed live in the coral reefs. They only live in saltwater. With the cost of the mimic octopus as high as it is, the prudent aquarist will however err on the side of caution and keep the aquarium tightly covered. Live octopuses are eaten in several countries around the world, including the US. Because the Mimic Octopus prefers to live in shallow, murky waters, it is believed that its diet consists almost exclusively of small fish and crustaceans. In fact, few of a spawning's thousands of hatched babies will reach maturity.