Seeing excluded IP on Visits page

I have noticed one IP constantly browsing through a few categories on my blog and skewing stats (belongs to MS Azure, some bot probably scanning topics on Windows). So a few weeks ago i went to Settings > Websites > Settings and added this IP to the Global list of Excluded IPs. Today i have checked “View detailed visits log” and i can see this IP in the log. Shouldn’t it appear on this page? Or is it only excluded from the aggregated stats?

Any advice…?

I think i know the reason why it doesn’t block. Because all visits are shown with IPs ending with 0. I think this is not real IPs, so blocking is not working either. Is it some masking that i can disable to see a real IP?