The Simple Water shader as it is now has no movement, and the reflection is very weird because axes z and y are scrambled when the shader calculates the view direction.
I edited the shader to fix the view direction and add movement (below) - maybe it works better for you.
Copy and paste this shader into any text editor, then save it as FXWaterSimple2.shader in some Assets subfolder. Select this shader (FX -> Water Simple 2) in the Daylight Simple Water material, and replace the awful default texture in "Reflective color (rgb) fresnel (a)" with some sky image (like Sunny2_up or Sunny3_up, from the Skyboxes standard package) - it will be reflected by the waves, giving a much better effect.

Shader "FX/Water Simple 2" { Properties { _horizonColor ("Horizon color", COLOR) = ( .172 , .463 , .435 , 0) _WaveScale ("Wave scale", Range (0.02,0.15)) = .07 _ColorControl ("Reflective color (RGB) fresnel (A) ", 2D) = "" { } _ColorControlCube ("Reflective color cube (RGB) fresnel (A) ", Cube) = "" { TexGen CubeReflect } _BumpMap ("Waves Normalmap ", 2D) = "" { } WaveSpeed ("Wave speed (map1 x,y; map2 x,y)", Vector) = (19,9,-16,-7) _MainTex ("Fallback texture", 2D) = "" { } }

CGINCLUDE // ----------------------------------------------------------- // This section is included in all program sections below

include "UnityCG.cginc"

uniform float4 _horizonColor;

uniform float4 WaveSpeed; uniform float _WaveScale; uniform float4 _WaveOffset;

struct appdata { float4 vertex : POSITION; float3 normal : NORMAL; };

struct v2f { float4 pos : SV_POSITION; float2 bumpuv[2] : TEXCOORD0; float3 viewDir : TEXCOORD2; };

v2f vert(appdata v) { v2f o; float4 s;

 o.pos = mul (UNITY_MATRIX_MVP, v.vertex);

 // scroll bump waves
 float4 temp;
 temp.xyzw = v.vertex.xzxz * _WaveScale / unity_Scale.w + WaveSpeed * _Time.x;
 o.bumpuv[0] = temp.xy * float2(.4, .45);
 o.bumpuv[1] = temp.wz;

 // object space view direction
 o.viewDir.xyz = normalize( ObjSpaceViewDir(v.vertex) );

 return o;

}

ENDCG

// ----------------------------------------------------------- // Fragment program

Subshader { Tags { "RenderType"="Opaque" } Pass {

CGPROGRAM #pragma vertex vert #pragma fragment frag #pragma fragmentoption ARB_precision_hint_fastest

sampler2D _BumpMap; sampler2D _ColorControl;

half4 frag( v2f i ) : COLOR { half3 bump1 = UnpackNormal(tex2D( _BumpMap, i.bumpuv[0] )).rgb; half3 bump2 = UnpackNormal(tex2D( _BumpMap, i.bumpuv[1] )).rgb; half3 bump = (bump1 + bump2) * 0.5;

 half fresnel = dot( i.viewDir, bump );
 half4 water = tex2D( _ColorControl, float2(fresnel,fresnel) );
 
 half4 col;
 col.rgb = lerp( water.rgb, _horizonColor.rgb, water.a );
 col.a = _horizonColor.a;
 return col;

} ENDCG } }

// ----------------------------------------------------------- // Old cards

// three texture, cubemaps Subshader { Tags { "RenderType"="Opaque" } Pass { Color (0.5,0.5,0.5,0.5) SetTexture [_MainTex] { Matrix [_WaveMatrix] combine texture primary } SetTexture [_MainTex] { Matrix [_WaveMatrix2] combine texture primary + previous } SetTexture [_ColorControlCube] { combine texture +- previous, primary Matrix [_Reflection] } } }

// dual texture, cubemaps Subshader { Tags { "RenderType"="Opaque" } Pass { Color (0.5,0.5,0.5,0.5) SetTexture [_MainTex] { Matrix [_WaveMatrix] combine texture } SetTexture [_ColorControlCube] { combine texture +- previous, primary Matrix [_Reflection] } } }

// single texture Subshader { Tags { "RenderType"="Opaque" } Pass { Color (0.5,0.5,0.5,0) SetTexture [_MainTex] { Matrix [_WaveMatrix] combine texture, primary } } }

}