Morkus from Orkus
Well, sure. If the gods reach down and save you from dying, that would justify surviving a long fall like that. For me, though, such an act would need to be a bit more overt than just hit point loss.That would depend upon what hps represent to you. In my world, they represent a combination of your toughness (which is more than just your ability to withstand injury), and the touch of the Gods. A loss of hps is not an injury, it is something that taxes this supernatural capability to survive danger, through force of will, divine intervention, and other forces. Sound nebulous? That is intentional. However, it works for falling damage survival.