It's that magical time of year again: An entire week dedicated to the oceans most majestic and deadliest predator, SHARKS!

The Discovery Channel's "Shark Week," which has been running since 1988, will premiere on Sunday, July 5, and run till Sunday, July 12, with 14 new episodes documenting the glorious lives of sharks.

In honor the of the most WONDERFUL week of the year here are 20 Shark Facts from Discovery's Shark Fact Generator to celebrate.

1. Great white sharks eat 11 tons of food each year, while humans eat roughly half a ton of food during the same time period.

2. Sharks are silent killers. They don’t make vocal sounds because they don’t have vocal cords.

3. Great whites jump to catch seals. They hit seals with as much force as a car crash, stunning the seals before chowing down.

4. Some sharks walk instead of swim, using their fins like legs to stroll across the ocean floor.

The recently discovered Epaulette shark

5. Grey Reef Sharks are fast swimmers and the most aggressive of the reef sharks.

7. Bullsharks are territorial and will attack anything that enters their territory.

8. In aquariums, sharks bond with staff. Sharks behave differently with humans they know well than they do with strangers.

9. Feeding frenzy! Hundreds of sharks fight over flesh to eat. Some even bite one another in the chaos.

10. Mako sharks are built for speed: their muscles are like propellers that push their bodies forward.

11. The whale shark’s mouth stretches up to 15 feet wide, the largest mouth of all shark species.

12. When battling orcas, great whites don’t always win. But neither do orcas. So it’s an ongoing fight for top of the food chain.

13. Sharks have an astounding sense of smell, so powerful that they can detect a single drop of blood in an Olympic-sized pool.

14. You don't have to be in the ocean to see a shark. Bull sharks love freshwater, and have been spotted in bays, lagoons, and rivers.

15. Endangered oceanic whitetip sharks are vulnerable to overfishing because their large fins are used in shark fin soup.

16. While many of us have learned to fear sharks, they are the ones who should fear us. Humans kill 78 million sharks annually.

17. Whale sharks are the world's biggest fish, with big families, too. One whale shark can give birth to 300 live shark pups in one litter.

18. Scalloped hammerhead sharks will sometimes visit “cleaning stations” where small fish clean the parasites off their skin.

19. An angelshark can ambush its prey in one-tenth of a second, popping up from its well-concealed hiding spot.

20. Like great whites, Greenland sharks eat seal. But they also have eaten polar bears, horses, moose and even reindeer.

Happy Shark Week, everyone!

For more information and to help protect sharks and other sea life from over-fishing and finning, go to: http://oceana.org/