Although the film was originally shot in 2009, according to the Washington Post it has only recently been released to the public by the Monterey Bay Aquarium Research Institute.
Ghost sharks are also known as chimaeras, named after a Greek mythological monster.
Most fascinating about chimaera's is the male's retractable sex organ, which can be found on its head.
The chimaera, or "ghost shark", appears to be stitched together by a madman's hand.
Ghost sharks are pretty unusual, both in appearance and make-up. If it turned out to be the exact species, it will help determine the number of Hydrolagus trolli or pointy-nosed blue chimaera in the waters off California and Hawaiian islands.
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The footage was captured off the coast of California, marking the first time the fish has been seen in the northern hemisphere.
Even without physical evidence, the researchers were able to glean a lot of information on the fish they had sighted.
He said, "It's nearly a little comical", he continued "It would come up and bounce its nose off the lens and swim around and come back". What they came back with astounded analysts: On film was what seemed, by all accounts, to be a types of apparition shark beforehand just got in the southwestern Pacific Ocean?
"I suspect many species are wide-ranging - we just don't have the data", marine biologist Dominique Didier, a professor at Millersville University, told National Geographic. There are 38 species known throughout the world, with this particular oddity first discovered in 2002, through remains. Imagine trying to understand species distribution in Lake Michigan and you sample the lake using a Dixie cup.
The creature is a chimera - an order of deep-sea fish that split off from sharks in the evolutionary tree almost 400 million years ago, and has remained isolated ever since.
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The rocky outcrops in the background of the video likewise hint that the pointy-nosed blue chimaeras like this kind of habitat over the flat and soft-bottom terrain where other ghost shark species live.
The shark was captured on camera by divers trawling 67,000 foot down in the depths of the pitch-black ocean off California and Hawaii.
They target target much smaller prey instead - crushing them using the mineral plates they have instead of teeth.
Unlike other shark species such as the Great White and hammerheads, ghost sharks do not have hundreds of sharp teeth.
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