Oli,
You have placed a bending load on the eye bolt. This is an engineering no no. The load path should be in a straight line from your cross wire to the float deck fitting. The picture doesn't show the aft side of your strut to float fitting. You would have a better load path if you had a wire pull strap under the nut on the horizontal bolt through the deck fitting. Attach the cross wire to the wire pull strap. This will give you a straight pull.
Will the way you have it fail? I can't answer that question other than to say that is not the way it should be done.
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