The ship Graveyard

A ship graveyard centered around the den of the Kraken. I know people have suggested Kraken before but i was thinking something a bit bigger than that. A whole biome centered around the mythical and territorial creature. I was thinking we could make it into a very rare ocean biom that hard to find. Maybe add an item like the eye of ender to follow to it. Or a new version of a treasure map that leads you to it. Or a temple on the coast with a mosaic that shows you how to get there. I feel that a lot could be done with this.