What is the meaning of 1 Corinthians 10:16?

* The two F.O.G. Bibles & Commentary below are currently a work in progress.

Is not the cup of blessing that we bless a participation in the blood of Christ? And is not the bread that we break a participation in the body of Christ?

Berean Standard Bible (BSB)

The cup of blessing which we bless, isn’t it a sharing of the blood of Christ? The bread which we break, isn’t it a sharing of the body of Christ?

World English Bible (WEB)

The cup{G4221} of blessing{G2129} which{G3739} we bless{G2127}{(G5719)}, is it{G2076}{(G5748)} not{G3780} the communion{G2842} of the blood{G129} of Christ{G5547}? The bread{G740} which{G3739} we break{G2806}{(G5719)}, is it{G2076}{(G5748)} not{G3780} the communion{G2842} of the body{G4983} of Christ{G5547}?

Strong's King James

(16) Isn't the cup of blessing which we praise, a fellowship in the blood of The Mashiach? Isn't the loaf we break a fellowship in the body of The Mashiach?

The F.O.G*

[16] When we bless the cup of thanksgiving at the Lord's Supper, aren't we sharing in the Messiah's blood? When we break the bread, aren't we sharing in His body?

The F.O.G Paraphrase

The cup of the blessing that we bless—is it not the fellowship of the blood of the Christ? the bread that we break—is it not the fellowship of the body of the Christ?

Young's Literal Translation