Cable "Box" ?

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On photos of some high end speaker cable I see a "box" (Kimber's looks like wood) or cylinder at where the cable splits into two.

What is this purpose (a fancy replacement for heatshrink?), does it work, and should I add them to my DYI speaker cables (Canare 4s11 Techflex, heat shrink and banana plugs) for anything other than appearance?
Post edited by MLZ on

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