The act of two male video game collectors wearing Power Gloves and grasping each other's erect penises, thus constricting the tips until they are engorged and resemble a Purple Ganon.

Purple Ganons are a fairly commonplace event when collectors exchange high-end Nintendo NES items, often accompanied by penis pictures.
The guy who sold that copy of 'The Legend of Zelda' really gives a mean Purple Ganon!
by AllYourBase1 March 08, 2010

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