1.Open an image

Open the image that you want to use.

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2.Process

Now, go to Edit > Puppet warp. You’ll have this effect.

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Change the density to more points. Now add the pins to the corners, So that you can give movement from that point.

Give a normal inside movement to inner pins like this…

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and Give this movement to all inner pins.

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3.Final step

Now press enter or click on the right icon of puppet warp.
check the difference between before and after the modification.

FINAL