- you can drag that file anywhere to move it.
- CMD click it to see a breadcrumb menu showing where it is and navigate to the folder
on a similar vein, dragging a file into an open file modal box makes it browse to the containing folder. In windows, dragging a file would move the file into that folder.
I combine the above two quite a bit. Editing a file in app A, need to upload it somewhere via browser. Drag file from title bar into open dialog box, done.