The picture very much looks like a bleached bubble-tip anemone. There are BTAs with red bases. See if you can get it to feed. I managed to rescue a bleached BTA with improved lighting and consistent feeding. Bleached BTAs have a tendency to shy away from the light and wander about the...
I've got a "plant and aquarium" fluorescent bulb from home depot on my h.o.b. refugium that works great. It has a noticeable pinkish hue that my chaetomorpha goes crazy for.
That's an INCREDIBLE fish you have there!!! I can see why you jumped at the opportunity to own this difficult fish. Fish nutrition has improved greatly within the last 5 years, and us hobbyists have a variety of foods to choose from. Feed it as much variety as possible (include angel...