In the dropdown menu choose "Yes". Because this operation is highly sensitive and irreversible, you will be prompted to enter a password.
After you have entered the password, the removal of PostgreSQL data will begin. Removing data should take up to 15 seconds tops. In the meantime, while you're waiting, don't refresh your browser - stay on the same page and wait until the process has been completed. Upon the successful data removal, you will see a success message in the bottom right corner:
When all data have been deleted, the option to clean data from PostgreSQL will no longer be visible in Settings: