After it collapsed from an earthquake, what was the final fate of the "Colossus of Rhodes"?

When the Colossus of Rhodes collapsed during an earthquake in 226 BC, this wonder of the ancient world fell to the ground. It would remain as is for centuries until an Arab invasion force in 653 AD broke apart the remains and melted it down to be sold. Even as wreckage, it was still an impressive sight. First century Roman author Pliny the Elder wrote in his "Naturalis Historia":

"This statue fifty-six years after it was erected, was thrown down by an earthquake; but even as it lies, it excites our wonder and admiration."

The location of the statue while it stood remains a point of debate. Some depictions of the statue place it at the harbor of Mandraki. But its collapse would have left it in the sea or harbor. Other depictions show the statue standing on two platforms with ships passing under to access the harbor, while under construction that would have posed logistical problems. Archaeologist Ursula Vedder suggests it was located at the Acropolis of Rhodes, located on a hill overlooking the harbor. Recently some projects have been proposed to build a new Colossus, none as of 2021 have been acted upon.