A Microsoft file hosting and synchronization service.
Hi Mike,
Please sign out of OneDrive using the Cloud Icon > OneDrive Settings > Account > Unlink this PC and link again.
Additionally, I think you might be hitting a storage quota bug reported by others.
A microsoft employee in this thread has said that it would take 24 hours to resolve the same.
\There is no external guidance about this issue. The latest update is that the fix is rolling out and is expected to be complete in the next 24 hours. The product team has telemetry to see the progression, and they see the queue coming down at a steady rate.
I hope this information helps. If you have any more questions, don't hesitate to reach out.
Otherwise, please take a moment to rate the answer. Wishing you good luck!