It's odd because it doesn't resemble a female as much as it resembles a clown.

Psychologically it's a facade similar to all the people who happily wore flu masks.

https://en.wikipedia.org/wiki/Masking_(personality)

There's also a bit of Shock & Awe or Clownishness involved, both of which are similar to the idea of being Queer - strange or peculiar.

https://en.wikipedia.org/wiki/Queer

There may also be some auto-erotica or asexualism to it.

I never had a gripe with the drag crowd or any of those ABC's and I still don't...but the problem is how they were elevated to the top pedestal of society for political reasons, with every woke corporation backing it, commercializing it basically.