inet6num: 2a01:6e0::/32 netname: RU-CITICTELECOM-20071218 country: RU org: ORG-LL250-RIPE admin-c: GA9512-RIPE tech-c: GA9512-RIPE status: ALLOCATED-BY-RIR mnt-by: RIPE-NCC-HM-MNT mnt-by: AS3327-MNT created: 2007-12-18T12:21:17Z last-modified: 2018-01-31T14:04:39Z source: RIPE organisation: ORG-LL250-RIPE org-name: CITIC Telecom CPC Rus LLC org-type: LIR address: 8 Marta 14 address: 127083 address: Moscow address: RUSSIAN FEDERATION e-mail: firstname.lastname@example.org admin-c: GA9512-RIPE tech-c: GA9512-RIPE abuse-c: AR38267-RIPE mnt-by: RIPE-NCC-HM-MNT mnt-by: AS3327-MNT created: 2016-11-09T14:26:56Z last-modified: 2018-02-22T09:02:08Z source: RIPE phone: +74957979160 mnt-ref: AS3327-MNT person: Gennady Abramov address: 8 Marta 14 address: 127084 address: Moscow address: RUSSIAN FEDERATION phone: +74957979160 nic-hdl: GA9512-RIPE mnt-by: CWSVYAZ-MNT created: 2016-11-09T14:26:55Z last-modified: 2016-11-09T14:26:56Z source: RIPE route6: 2a01:6e0::/32 descr: LLC Svyaz VSD origin: as12976 mnt-by: CWSVYAZ-MNT created: 2007-12-18T13:31:08Z last-modified: 2007-12-18T13:31:08Z source: RIPE
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.