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"...it is more like flicking the handle away from the blade..."
-orthogonal1
That's it exactly!
And the only way to do that is to have the blade (pointed upwards) with edge facing outside, away from your palm; and then executing a downward flip (with blade pivot button unlocked) allowing the handle to pivot downward, centering from the base of your palm.
...there is a video demonstrating the technique described above called "Gerber Paul knife 2nd edition"