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Only snorkeling is allowed at this perennially popular spot, which is in a shallow part of the Hol Chan Marine Reserve. Shark Ray Alley was traditionally a place for local fishers to clean fish, and the creatures attracted to the fish guts soon became a tourist attraction. As the name implies, the area is known for the big southern stingrays and mooching nurse sharks that come right up to the boat when it first arrives. Horse-eye jacks also abound.