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Giant Squid 

1. the act by which a monstrously large and rather unfortunately nude person wearing a pointed dunce hat and a flag football belt continuously puts ink (of which the individual has an ample stipend) in his/her mouth and, with the consent of another decidedly kinky party, proceeds to spit the aforementioned ink onto the similarly naked body of the willing partner as a prerequisite to further imminent and equally debauched sexual depravity.

2. the massively colossal and scandalously bare individual who is executing the act known as the Giant Squid.
Peter: I got a Giant Squid from Sarah last night. Ink is a bitch to get off.
Harry: Yeah, I can see that fat bitch being a Giant Squid. You know, in spite of the insane amount of body hair on her.
Giant Squid by BennyKennedy April 4, 2009

Giant Squid of Anger 

A Youtube troll, or someone who just leaves awful nasty comments on Youtube videos. Term coined by the vlogbrothers, John and Hank Green, of youtube.com/vlogbrothers
Commenter: wtf this is dum thees nerdss hav nno lifes only reterds wud watch dis

Nerdfighter: Wow, it looks like the comments are being attacked by a giant squid of anger.