The so-called "ice island" covers a hundred square miles (260 square kilometers) and holds enough water to keep U.S. public tap water flowing for 120 days, according to Andreas Muenchow, a physical ocean scientist and engineer at the University of Delaware.

As a result of the collapse, Petermann glacier—located about 620 miles (1,000 kilometers) south of the North Pole—lost about a quarter of its 43-mile-long (70-kilometer-long) floating ice shelf, satellites images taken Thursday show.

The new Greenland ice island is at least the second largest known glacial breakaway, Muenchow said. Another colossal ice chunk broke off of Petermann glacier in 1962, but it's not known whether that ice island was bigger than the new one, Muenchow said.

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