Few years back, players wait at Crook's Hollow till nightfall and things get spooky with "eerie noises" and "sounds of footsteps in the sand" and reported appearances of a bald woman standing far away from our character, and is possibly the source of the island being haunted.
This kind of phenomenon is still happening and I scratch my head in wonder about why she's still around, not having any importance to the game except being creepy. Even one dev update video from long ago talked about if there was in fact a Bald Lady wandering the island, only for the video to glitch out and reveal the woman on screen for a slight second. This implies the devs know about the character and are being mysterious about it.
Could she have a role to play in the Lore of SoT? A Tall Tale? Next Halloween event? We might never know for sure.