Where does the Kraken live?

Excuse me, could you please elaborate on the location where the Kraken, this enigmatic sea creature often referenced in folklore and myth, is believed to reside? Is there any scientific evidence to support the existence of such a beast, and if so, where might one find it lurking in the depths of the ocean? Alternatively, is this question rooted in pure imagination and storytelling, with no tangible reality attached to it? I'm genuinely curious to learn more about the origins and potential habitats of this fascinating legend.