Your best bet is to create a child theme, and then change the code in the loop.php template. Specifically, you will need to move this bit of code:
* Display Adsense advertising for single post pages
* See graphene_adsense() function in functions.php
<?php if (!is_front_page() || (is_front_page() &&
to where you want it, most likely just after:
<div class="entry clearfix">
I could be wrong, since I’m not a PHP expert by any means, which is one of the reasons I love Graphene: I can make pretty much any alteration I want without having to create a child theme. Plus, Syahir actively supports this them. Many of the things that we would like to see, he includes in the next version.
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