Hey Andraj you can clear traces from a project on the top right menu on the project on the project listing page. We鈥檙e also adding the ability to clear traces older than a certain date and an upcoming release. We do not yet have programmatic clearing of traces but certainly could add that if you were interested in this feature, please file us a get hub issue and we will get to it, as soon as we can!
PS if you are familiar with graphQL, you can also clear the traces that way