Magic-Powered Locator: Level 3
Talk to "Clean-Loving Crewman Kelenoth" in the White Boa Engine Room.
Hint: Something is hidden around the waters where Khent once stood.
Location: Underwater around Northern Shore of Ipsilon. If you turn on the vibration function of your controller. The closer you are to the treasure spot, the stronger the vibration. When you are at the correct location press A and you'll get the treasure. (This can take awhile) You need the Sunderch Glasses to find it.