Willy Walrus (w) built a winding machine (宛) to wind up sleeping bags (夗) in the anthill (an3). For his invention he got a honorary PhD degree and a graduation cap (宀), but as the winding machine winds up the sleeping bags his graduation cap gets in and ruins it.
氵
=
⺀
+
㇀
:
Mnemonic symbol: a bottle of water. Sheldon Shrimp (shu) enjoys a bottle of water (氵) in the Eiffel Tower's living room (ei3). The got the water by scratching (㇀) a blossom (⺀) and catching the leaking dew in a bottle.