You can change the storage location from your computer to an external source as long the external drive is not-ejectable.
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In File Explorer, right-click the drive and select Properties.
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On the General tab, check the type of file system:
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On Windows, confirm that it's NTFS, not "FAT" or "FAT32."
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On Mac, confirm that it's APFS. For more info, see erase and reformat a storage device in Disk Utility on Mac
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Unlink and restart OneDrive.