Force shrink Photos library using optimize storage
I have a 450GB Photos library which for a long time I've stored on an external drive. Recently I turned on iCloud Photo Library, and I want to shrink the library on my external disk down to around 300GB, to fit on my internal MBP drive instead.
Obviously the Optimise Storage tool is the right way to go, but my understanding is it only removes Originals from the library when it doesn't have enough space for them on whichever disk it is on. Is there a method to force the Photos library to shrink down to the 300GB mark I'm targeting? Or a way to tell the library the maximum size you want it to be?