A variation of the term, teabagging popularized in Nintendo online shooter Splatoon/Splatoon 2 by community.

"Squidbagging" is to switch rapidly from kid to squid form, acting as a taunt to the player that was "splatted".
Person 1: *splats somebody with Slosher* *Proceeds to Squidbag*
Person 2: Bruh.
by ToothPizza May 28, 2019
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A taunt in the Splatoon series dong by switching from kid to squid multiple times after splatting your opponent.
The speed hack version is used to move faster than normal.
Seriously? I just got squidbagged! Squidbagging is the WORST taunt and it is annoying AF!
by hyruleteam1992 January 30, 2018
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