Headless move insync folder

Is there a simple way to move the base insync folder to a new location?
default_folder: myname@gmail.com
new_folder: /data/GoogleDrive

I am using CentOS 7 and 64bit insync-portable. I tried the following without success:

insync-portable move-folder myname@gmail.com  /data/GoogleDrive

I successfully hacked a solution using sqlite3. Configuration files are in ~/.config/Insync/dbs/
insync-portable quit
sqlite3 gd2-.db
and updated the directory name in two tables using the following sql:

update ref_fs_files set name = '/data/GoogleDrive' where id = 1;
update live_fs_files set name = '/data/GoogleDrive' where id = 1;

insync-portable start

It is working! However, there should be a more user friendly way to do this.

@collin: The command is almost correct, you just need to use the absolute path of your Insync folder as the first argument. If for example your Insync folder is located at /home/collin/myname@gmail.com, the correct form of the command is insync-portable move_folder /home/collin/myname@gmail.com /data/GoogleDrive.

@Ipugoy Thanks for the response. That would have been a lot easier than what I did.