I haven't been able to confirm this myself, but someone on Twitter gave me the same advice, so I'm hopeful. I'm trying to get my OneDrive account unfrozen now. Despite clearing up space and purchasing a larger plan, my account remains frozen for the time being (4.9gb out of 100gb). I contacted support and was told to wait 24 hours.
If you haven't wiped your drive yet, consider looking into getting your OneDrive account unfrozen, and be aware it may take 24 hours for that to happen!