No. They are the same location. The desktop icon is a special system shortcut; accessing it via File Explorer’s address bar opens the exact same folder.
However, it is accessible—just not where most people expect. Here is the complete breakdown of why Microsoft made this change and the several ways you can find it. where is the recycle bin in file explorer upd
This is the most reliable way to open the Recycle Bin directly, bypassing any missing shortcuts or UI changes. where is the recycle bin in file explorer upd