UUID is a 128-bit value, of which 122 bits are available for actual data. UUID was conceived as a way to mark an intersection point between two dimensions, originally for Apollo Computer's RPC system where the two dimensions were time and hardware identifier (
originally originally Apollo hardware serial number, later commonly 802.3 address). The additional bits are metadata telling you that a particular 128-bit value is a UUID, not just a coincidental jumble of bits, and which type of UUID.
This site is specifically about “V4” UUIDs where the two dimensions are random and also-random. If you scroll all the way to the bottom you will see that the last table row is numbered the same value as the maximum 122-bit number, so the site is flipping every possible bit-combination within that space combined with the metadata bits that say “Hello I am a V4 UUID”:
irb> ::Array::new(122, 0b1).reduce { (_1 5316911983139663491615228241121378303