What it means when clear liquid come out of penis by squeezing?

Clear liquid coming out of the penis when squeezing could be pre-ejaculate fluid or Cowper's gland fluid. Pre-ejaculate fluid is a clear substance that can appear when a person is aroused and helps lubricate the urethra. Cowper’s gland fluid is a clear, viscous fluid that may also be released during sexual activity to lubricate the urethra. If there is any concern about the nature of the fluid or if it is accompanied by other symptoms, it is recommended to consult a healthcare provider for further evaluation.