2607:fe98::/32 - CBS-V6-1
V6NetHandle: NET6-2607-FE98-1 OrgID: CBS-129 Parent: NET6-2600-1 NetName: CBS-V6-1 NetRange: 2607:FE98:: - 2607:FE98:FFFF:FFFF:FFFF:FFFF:FFFF:FFFF NetType: allocation OriginAS: 10947 RegDate: 2009-11-09 Updated: 2012-03-02 TechHandle: LA19-ARIN NOCHandle: JMO68-ARIN AbuseHandle: SJO35-ARIN Source: ARIN OrgID: CBS-129 OrgName: Mountain West Technologies Corporation CanAllocate: Street: 123 West First Street: Suite 95 City: Casper State/Prov: WY Country: US PostalCode: 82601 RegDate: 2004-02-17 Updated: 2018-08-03 OrgNOCHandle: JUGLE-ARIN OrgTechHandle: LA19-ARIN OrgAdminHandle: JMO68-ARIN OrgAbuseHandle: LA19-ARIN OrgTechHandle: JUGLE-ARIN OrgAbuseHandle: JUGLE-ARIN Source: ARIN
IP address ranges, or netblocks, are groups of related IP addresses. They are usually represented as a base IP address, followed by a slash, and then a netmask which represents how many IP addresses are contained within the netblock. This format is known as CIDR. You'll also sometimes see netblocks given as a start ip address, and an end ip address, or an ip address range.
Traffic works its way around the internet based on the routing table, which contains a list of networks and their associated netblocks.