Where is the whining noise coming from? And does it change in pitch or intensity when you hit the throttle? Set it up on a couple short 2x4’s and run it so you can watch the wheel spin?
Has it been this way from the very start?
Is the whining noise just the fan blowing?
Did you read the manual and do all of the radio set-up procedures?
It may need the esc to be "set-up". The manual has the procedure.
I have had quite a few with the red blinking light and never got them going again just check all your connections make sure there still soldered also check your receiver make sure everything is still plugged in