C:\Users\%username%\AppData\Local\
Microsoft\Edge\User Data\Default
This location applies to the newset version of Edge in Windows 7, 10 & 11 PC's & Laptops, you can copy/paste this location into windows file explorer.
If you are upgrading to a new PC or laptop and want to manually move your Edge bookmarks to your new machine, simply paste the location into Windows file explorer and copy/paste the bookmarks and favicons files onto a backup USB drive.
On your new PC with Edge closed, once again visit the same location, copy/paste the bookmarks and favicons files back onto the new machine. Open edge and you will find your bookmarks restored. To quickly display your bookmarks in Edge you can press CTRL+SHIFT+B.