Kool-aid yarn, this is your destiny!
So I made the Kool-aid yarn pictured in previous posts into a French Market Bag (pattern via Knitty). Here it is pre-felting. I was afraid I would not have enough yarn to make color-symmetrical handles, so I made a sample handle in red and green to "calculate" the required amount of yarn for the four handles. As a result, I have my symmetrical handles, and I had very little yarn left over. Hurrah! It's quite large and floppy.
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