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The Hungering One is the most common type of the five Megalodon that roam the open waters in Sea of Thieves. Megalodon appear as random Encounters, when a Ship is in open Ocean. The Hungering One was first introduced as the main feature of The Hungering Deep Content Update. Additional variants were added in the Shrouded Spoils Update.

Mechanics
The mechanics of the Megalodon Encounter are identical throughout all the five variants. The only difference between the five Megalodon species are their outwards appearance (colour) and rarity. Megalodon can ambush Ships that are sailing in open waters and usually fall back when Ships get close to any landmarks, such as Islands or Rocks on the seas. A Megalodon attack is preceded with an ominous tune before the Meg snaps up from the seas behind the Ship. They will then continue to circle the Ship, occasionally charging at the Ship, causing roughly 50% damage, knocking back any Pirates on deck and leaving numerous holes in the Ship's Hull. Players can stop the Megalodon's charge by shooting them with Cannonballs. Megalodon can also submerge in water to lay low for a while. The aggressiveness of a Megalodon is random and differs every encounter. Megalodon are most commonly defeated by the use of Cannons. The health of the Meg depends on the size of the Crew and Ship.

Rewards
After defeat Megalodon leave behind a generous pile of Treasure at where they died. Killing Megalodon also give a notable Emissary Grade Reputation boost to Crews sailing as Trading Company Emissaries (with the exception of Reaper's Bones)

All Megalodon variants have the same reward pool:
 * 3-5 pieces of Megalodon Meat
 * 3-12 random Treasure items
 * Regular, Ashen and Cursed Treasure Chests
 * Skeleton Captain’s Chests
 * Stronghold Chests
 * Regular and Ashen Trinkets
 * Regular and Ashen Trade Good Crates
 * Regular and Ashen Bounty Skulls
 * Skeleton Captain’s Skulls
 * Stronghold Skulls
 * Mermaid Gems
 * Collector's Chests with Gold and other small Treasure

Commendations
Shrouded Spoils Commendations: |

Athena's Fortune Commendations:

Previous Events

 * During The Hungering Deep campaign, players could defeat the Hungering One to earn the Hungering Tattoo Set, Shark Bitemark Scars, and Hungering One Figurehead.
 * During The Hungering Deep Anniversary Event, players could kill 3 Megalodons to earn the Drum of the Deep.
 * During the Hunters of the Deep event, killing The Hungering One gave 10 Shark Teeth for the event. Shark teeth being points to get pieces of the Shrouded Ghost ship set.