[2022] Launcher Vs Onedrive

The launcher and game use the Windows location for the User Documents folder, which is recorded in Windows and is nothing whatsoever to do with where the launcher or game are installed. You don't mention having moved that off OneDrive so it's probably still pointing there.

In the left column of File Explorer right click on Documents, just under This PC there. Go to properties, Location - what does it say in there?