Start a new document 600x600.

Set the foreground and background to default by pressing "D".

Create a new layer and fill it with BLACK

Then Filter » Render » Difference Clouds.

Reapply this filter 2 more times by pressing CTRL+F twice.

Now go to Filter » Stylize » Wind.

Method: Wind
Direction: From the Right.

Press CTRL+F 7 more times to reapply the wind filter.

Now go to Image » Rotate Canvas » 90CCW.

Then press CTRL+F 8 times to reapply the previous filter, which is the Wind Filter.

Now go to Image » Rotate Canvas » 90CCW.

Then press CTRL+F 8 times to reapply the previous filter, which is the Wind Filter.

Now go to Image » Rotate Canvas » 90CCW.

Then press CTRL+F 8 times to reapply the previous filter, which is the Wind Filter.

Then Filter » Sharpen » Unsharp Mask.
Amount: 500%
Radius: 2.0
Threshold: 0

Now go to Filter » Stylize » Wind.

Method: Wind
Direction: From the Right.

Press CTRL+F 8 more times to reapply the wind filter.

Now go to Image » Rotate Canvas » 90CCW.

Then press CTRL+F 8 times to reapply the previous filter, which is the Wind Filter.

Then Filter » Distort » Polar Coordinates.

Options: Rectangular to Polar

Now we need to get rid of that ugly vertical line.

Duplicate this layer, then Edit » Transform » Flip Vertical.

Then use the Eraser tool, with brush size 300px Soft Brush
And erase the vertical line of the new duplicated layer.

Then Layer » Flatten Image.

Then go to Filter » Render » Lighting Effects.

Then apply THIS SETTING

Then use the Circular Marquee tool and while holding shift, make a selection as big as you can to the edges.

Then go to Filter » Distort » Spherize
Amount: -60%