That's weird that MacOS seems to make a distinction between free space and available space. The difference is apparently the "purgeable space." In your case, 86.91 GB. It's free space, but Mac is saving it until they're convinced it has to be used.
On Google, people are saying you can't manually clear that purgeable space, because Apple saves it for your iCloud sync, and only clears it when it needs the space. Apparently "purgeable" space is deleted stuff that's iCloud related.
My guess is that keeping the purgeable items on your hard drive saves Apple some money in bandwidth for the people who constantly upload and download and upload and download the same pix or movies or whatever. So if you download the same pix from iCloud that you "deleted" a few days earlier, Apples saves a few bandwidth pennies because they're already secretly on your computer. So they don't want to delete that space until they're forced to.
So here's my theory on what might clear it. Find something that is 40GB or larger (*not* iCloud related) and copy that onto your desktop. That should force the Mac to delete some of the purgeable space. Then delete that 40GB object (or objects) and since it's not iCloud related, I'll bet you now have 40 GB of "free" space.
You wouldn't necessarily have to copy something from an external source, by the way. You could duplicate an existing file (or files) on your current drive, as long as it isn't iCloud related. Or record a massive Pro Tools session with 80 tracks at 192k. Whatever it takes to force the Mac to make some room.
Actually according to this link Time Machine may be a big factor. Also unknown to many is that CCC can use the same feature depending on how you have, or leave it set.
I experienced this same issue more or less a few years back when I discovered my drive shrinking at ridiculous rate. At one point I thought I had 300+ GB of 'ghost data' that I could see in a handy little free app called
GrandPerspective that couldn't be accounted for and couldn't be recovered. (Not so) hilariously, several calls to Apple left me with no answers, (duh!). Meanwhile my drive was shrinking and not a single person in support had a clue this feature even existed.
One email to Bombich resolved the issue immediately.
No Short Version: Time Machine (by default IIRC) will enable something called
Time Machine Snapshots. These are theoretically really useful. I.e. If you discover a critical bug that shows up after updating macos a local snapshot can be used to immediately roll the OS back to its previous state without having to restore the entire drive.
The downside to snapshots is that a new one is created for every single backup you do, they eat insane amounts of space over time, and you can only turn them on or off globally. I believe these are also turned on by default. In the case of time machine this means a snapshot is created for every single event every hour on the hour which adds up to a lot of space over time.
And, as I mentioned... CCC can use the same 'purgeable' space to create rollback points. Anyone using CCC for clones may have local snapshots enabled and be unaware of it. Like I said these can save your ass... The problem is that they tend to eat your drive really fast so it's questionable why there isn't a preference that would allow you to enable/disable them per backup, or allow you to reserve them for OS-only updates.... (No shade at Bombich. Apple controls all the keys to this feature).
For those that do use CCC - One way you can leverage these is to enable them only when doing an OS update. Given that macos has had a recent history of audio bugs (at least on MBs..) I personally leave automatic updates off, and turn CCC snapshots on before I install any macos update. Once I can verify the update didn't cripple core audio I untick snapshots and the space used by the update comes right back...
Get a visual breakdown of your disk space in form of an interactive map, reveal the biggest space wasters, and remove them with a simple drag and drop.
daisydiskapp.com
Even if you don't use CCC this is a better read... It goes into more detail and gives you some ideas how/when they can save your ass...
bombich.com