Feature summary: Admins usually block /64-ranges instead of single IPv6 because with IPv6 changing much more frequently than IPv4, blocking just a single IPv6 often doesn't stop disruptions -> https://en.wikipedia.org/wiki/WP:64
Autoblocks should do the same (unless it's a high-traffic range?) in order to be more effective.
Use cases / benefits: With temporary accounts rolled out admins and patrollers are less likely to detect if there's vandalism coming from a specific range unless they reveal the IP of temporary accounts all the time. And usually admins will just block the temporary account instead of loading Special:Block a second time to additionally block the /64-range for anons. Autoblocks on /64-ranges support fighting vandalism more effectively.