Does Acronis “delete” of differential versions actually “consolidate” them?

When my backup filesystem becomes full, I used to delete some “less” important backups.

For illustration lets look at the screenshot below:

Acronis Backups in (German) "Versionen bereinigen" (cleanup versions)

So let’s say I don’t need the intermediate backups between 12.07.2025 and 3.08.2025.
If I select them for deletion, will the files saved therein be lost, or will they be consolidated (migrated) to the last existing backup (18.08.2025)?

I had assumed they will me consolidated, but I’m not sure actually.