eleete is a hacker term. It means the highest level of the hacker culture. If you saw the movie Hackers (1995) they mention being eleete. Although it is not clear how that is spelled, one thing common in the hacker community are words spelled in a creative way and used as an avatar or user id. So the term eleete means the top, or the pinnacle in the world of computing.
Some other rants by eleete.com
eleete Tag Cloud
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