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What is Elephant party?
When a male pulls his pockets inside out and unzips his fly and takes out his penis.
"Man, Bennett totally just did the party elephant! He is a real winner!"
Elephant party - video
Elephant party - what is it?
When 3 or more gay men have a circle jerk.
Comes from the habit elephants have of holding each others trunks.
“Hey Dave, Bruce and John are coming over! We are finally going to have an elephant party tonight! Yay!