To be so cold while jacking it off that your genitalia becomes frosty, giving you a unique tingling feeling.
Jimmy had a frosty wank in his backyard while watching Joe bang his brand new drum in the snow.

Jimmy: Your drum playing is really making me want to have a frosty wank.

Joe: I'll bang it harder then
by ThisUsernameWasTaken October 21, 2015
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