The water normal map and waves fade out when moving away from the origin

Reproduction steps:
1. Open the attached project "ReproProj"
2. Open the “/Assets/OutdoorsScene.unity” Scene
3. In Game view, observe the fidelity of the water
4. In Scene view, hold “Left-click” and “Shift” + “W” keys to fly in a random direction

Expected result: Water details are the same
Actual result: Water details fade out

Reproducible with: 6000.0.51f1, 6000.1.7f1, 6000.2.0b5
Could not test with: 2022.3.62f1 (Tried to setup DLSS with a null globalSettings object.)

Reproducible on:
Editor
Windows Standalone Player

Testing environment: Windows 10 Enterprise 21H2
Not reproducible on: No other environment tested