No, Bitcoin isnt stored in your wallet.  Your wallet holds only holds the private keys that let you access and control your Bitcoin.  A simple example: you can have two or more wallets (or devices) that have access to the same Bitcoins.  Read up on the basics. You need to understand what blockchain is and what UTXOs (unspent transaction outputs) are.

No, Bitcoin isnt stored in your wallet.  Your wallet holds only the private keys that let you access and control your Bitcoin.  A simple example: you can have two or more wallets (or devices) that have access to the same Bitcoins.  Read up on the basics. You need to understand what blockchain is and what UTXOs (unspent transaction outputs) are.