2607:ae00::/32 - NSDATA-NET1
V6NetHandle: NET6-2607-AE00-1 OrgID: ATD-17 Parent: NET6-2600-1 NetName: NSDATA-NET1 NetRange: 2607:AE00:: - 2607:AE00:FFFF:FFFF:FFFF:FFFF:FFFF:FFFF NetType: allocation OriginAS: 11468 RegDate: 2011-03-09 Updated: 2012-03-02 Source: ARIN OrgID: ATD-17 OrgName: Airfire CanAllocate: Street: 5562 Sackville St City: Halifax State/Prov: NS Country: CA PostalCode: B3J 1L1 RegDate: 2007-10-02 Updated: 2017-01-28 OrgNOCHandle: NETAD166-ARIN OrgTechHandle: NETAD166-ARIN OrgAbuseHandle: NETAD166-ARIN OrgAbuseHandle: ESTAB3-ARIN OrgAdminHandle: ESTAB3-ARIN OrgTechHandle: ESTAB3-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.