Check out the docs for:
alter table <tablename> modify <LOB_Column> in row (length)
In your case:
alter table SAPSR3.SMP_E2E_TRACE modify LOGTEXT in row (8192)
...then run a reorg rebuild on the table (unfortunately, since you are ESD #1, you are not able to run it online).
In SAP default installations, the default in row LOB size specified for migration is 2KB. If you run sp_help on that table (e.g. sp_help 'SAPSR3.SMP_E2E_TRACE') there should be an in row size listed for it. Check to see what size it is and let us know. The other thing you could have done is to get an average size of the lob size using the query:
select ceiling(datalength(<LOB_col>)/100.0)*100 as LOBSize, count(*)
from SAPSR3.<tablename>
group by ceiling(datalength(<LOB_col>)/100.0)*100
order by LOBSize desc
Depending on the other columns in the table, you might be able to adjust the in row lob size to 12KB or slightly higher....you need to be careful going too far above 12KB.... If (for example) the other datatypes add up to ~1KB and you extend the inrow lob size to 15KB, then later when SAP decides to add a column to the table, you will first have to decrease the inrow lob size, do a reorg and then do the upgrade that adds a column.