While updating the confluence page I lost entire team data. Is there any way to revert the changes?
If the page is still there you should be able to go to the "..." menu and then click Page history. You can roll back to any previous versions. If the page was deleted then you can restore it from the space trash bin if it has not been purged. It is in Space tools -> Content tools -> Trash. Outside of that you will need to go to a backup to get the data back.
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