The Aegean Sea lies between the coast of Greece and Asia Minor (modern-day Turkey). It contains over 2,000 islands which were settled by the ancient Greeks; the largest among them being Crete  and the best known and most often photographed, Santorini. Both of these islands have strong associations with ancient Greek history and myth in that Crete features significantly in the myth of Theseus and the Minotaur while the destruction of Santorini by a volcano eruption has long been considered a probable source for Plato's description of Atlantis in his dialogues of the Critias and Timaeus.

In ancient times there were various explanations for the name Aegean. It was said to have been named after the Greek town of Aegae, or after Aegea, a queen of the Amazons who died in the sea, or Aigaion, the "sea goat", another name of Briareus, one of the archaic Hecatonchires, or, especially among the Athenians, Aegeus, the father of Theseus, who drowned himself in the sea when he thought his son had died on his famous expedition to Crete to defeat the Minotaur.  A possible etymology is a derivation from the Greek word aiges = "waves" (Hesychius of Alexandria; metaphorical use of "goat"), hence "wavy sea", (aigialos) "coast".

More Info: www.ancient.eu