GR translation: A giant white fly

[Mike Jing]

V750.24-31, P765.16-23   A giant white fly: an erect penis buzzing in white
lace, clotted with blood or sperm. Deathlace is the boy’s bridal costume.
His smooth feet, bound side by side, are in white satin slippers with white
bows. His red nipples are erect. The golden hairs on his back, alloyed
German gold, pale yellow to white, run symmetric about his spine, run in
arches fine and whirled as the arches of a fingerprint, as filings along
magnetic lines of force. Each freckle or mole is a dark, precisely-set
anomaly in the field. Sweat gathers at his nape.

What is the first sentence describing? And does "fly" refer to the insect?
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