Whispering Eye directly means vagina. Taken from the movie "Role Models" It is currently unknown weather the phrase existed before said film.
1. Dude your mom has a GAPING whispering eye!
Guy 1: "Bye mom, I'll miss you!"
Guy 2: "Tell her youll miss her whispering eye!"
Guy 1: "and, I, uh, miss your whispering eye"
Guy 2: "dude... that means vagina"
Guy 1: "Bye mom, I'll miss you!"
Guy 2: "Tell her youll miss her whispering eye!"
Guy 1: "and, I, uh, miss your whispering eye"
Guy 2: "dude... that means vagina"
by The Max axe March 28, 2009
Get the Whispering Eyemug. by Matthew Cosgrove Esquire December 16, 2008
Get the Whispering Eyemug. A vagina, or female genitalia.
by Sammie Special December 16, 2008
Get the Whispering Eyemug. 
by codasco April 4, 2009
Get the whispering eyemug. 