Hi,
It sounds like your server may be seeing all visitors as if they come from a single IP — possibly the server’s own IP. If this is the case, then your site is using a “reverse proxy”, so Wordfence cannot see the visitors’ actual IP addresses. You will need to set the option “How does Wordfence get IPs” on the Wordfence Options page.
Depending on what software your server is using, you probably need to choose the X-Real-IP or X-Forwarded-For option, or if you use CloudFlare, then choose the CF-Connecting-IP option. More details on the options are here:
How does Wordfence get IPs
After setting the option, you can verify it is working by looking at the Live Traffic page, and visiting the site in a separate browser where you are not logged in, and verify that your own IP appears in your own visits. (If Live Traffic is disabled, try logging in using the second browser, since logins and logouts are still recorded.)
-Matt R