It doesn't move the file -- it removes the entry for it in the
directory. Once the reference count for it go to 0, then it gets
"removed" from the filesystem -- i.e, it's space on the filesystem
gets marked as being available.
On a standard UNIX filesystem, this is the case. HFS and HFS+ are a
little weird, though - files don't exist separately from their
directory entries, so hardlinked files and deleted-but-still-open
files are stored in an inaccessible directory ("\0\0\0\0HFS+ Private
Data").
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