The WordPress current user’s password is hashed and stored in this global variable. It is set using the cookie in the pluggable functions
set_current_user($id, $name='') and
get_currentuserinfo() defined in [wordpress root folder]/wp-includes/pluggable-functions.php.
Plugin and theme authors need not use this variable, unless they are changing the hashing algorithm or changing the authentication system.
Back to the full list of global variables.
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