I've read articles on Sandbox refresh on Salesforce Help page and it mentions about what happens to the data after refresh in case of Partial copy and Full copy sandbox, but nothing on a developer copy sandbox.
I know for developer copy sandboxes only metadata refresh is possible -- so the question is, what happens to the existing data in the developer copy sandbox after a refresh if ONLY metadata is being copied? Does it remain or get wiped off?
Assuming it gets wiped off since salesforce creates a new instance when we refresh - Is this assumption correct?