Yes that's what the expression means, that after thinking for half a second i got 2 examples just like that

If Sir Faggotry desires more, i shall provide

Episode 5 - Buggy stabs Zoro

Episode 12 - Some nobody mallets Usopp, bleeds from his stomach

Episode 13 - The cat brother strike Zoror with their claws and Jango cuts Nami with his chakram

Episode 16 - Kuro cuts the fuck out of everyone including his crew

Episode 24 - Milhawk vs Zoro, blood fucking everywhere

Episode 27 - Gin vs Sanji, each strike leads to blood

Episode 28 - 29 - Luffy vs Don Krieg, Luffy bleeds from everywhere but his anus

Kind of rushed but i think i got most of them, and keep in mind that One Piece got more and more violent as time went on. This enough to shut you up or do you still need more before you realize you don't have a leg to stand on?