@Mahesh Vempati Welcome to Microsoft Q&A platform, Thank you for posting your query!
It's not possible for now, you need to move the data to Hot tier and then you can move the data to different account later you change the tier to cool .
You move using Azure Storage Explorer and Azcopy tool to different account or container
Use Azure Data Box or Azure Data Box Heavy to send data to appropriate Azure Storage blob tier
Additional information: Using lifecycle management to change tier for an entire container with a policy set to 1 day after last modification can take up to 48 hours for some blobs. Lifecycle runs at least once a day so the policy could be set right after it just finished running. So the policy may not run until another 0 < x < 24 hours. If any blobs in the containers are less than 1 day old at the next time lifecycle runs, they will be skipped for the following day.
If using lifecycle and you’re okay with waiting up to 24 hours to change the blob tiers, you should set the policy to be 0 days after last modification.
Refer here for detailed information Access tiers for Azure Blob Storage - hot, cool, and archive
Hope this helps!
Kindly let us know if the above helps or you need further assistance on this issue.
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