Died and respawned before the reset.
Afterwards, accidentally went through the OOC room portal flagged as 'Near Ethereal'. My character was then alive and kicking in the Near Ethereal!
Respawned again. Not sure if I took an XP hit, but... ouch.
I have seen that option come up a few times before as the 'Last Saved Location', even if the character is alive.
SCREENSHOT (incognito character, sorry for the black squares):