It goes up and down as it whirls! (5)
I believe the answer is:
rotor
'it whirls' is the definition.
(I've seen this in another clue)
I cannot understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for rotor that I've seen before include "one lifting chopper?" , "Chopper blade" , "Palindromic revolving part of machine" , "Revolving part of machinery" , "Reversible piece of moving machinery?" .)