You must be connecting your recorder to the output of the VFD, and what it will be able to read there will be pretty much useless as a diagnostic tool. That said, it is interesting that a-c phase is only showing 1.34V, but that could just be a quirk of your recorder not being able to interpret a PWM output signal properly. If that voltage were true, you would be getting an output phase loss trip instead of an over voltage trip.
As fangas (Ed) mentioned above, the most common cause of an overvoltage trip on a VFD is from an overhauling load, meaning the load is trying to make the motor go faster than the VFD is telling it to. This turns the motor into an induction generator and puts voltage back into the VFD. If the VFD is not fitted with braking resistors to dissipate this excess enegy as heat, it protects itself by tripping off line. On your drive however, there is a separate fault code for that instance (ObF). I find that interesting because I am curious as to how the Altivar could tell the difference. If we assume they can it leaves only a few other possibilities;
1) You are getting "cross talk" from the other VFDs on the same system in the form of harmonic voltages that for some reason are manifesting themselves onto that VFD. Putting line reactors in the VFD circuit would clarify that in 99% of the cases.
2) As you shed loads on your sorter, your voltage is increasing because you had been overloading a transformer somewhere upstream, and someone fixed that problem by changing the transformer taps to overcome the voltage drop. As you shed loads and remove the cause of that one problem, you now have a new one. The problem with that theory is that #8 should then have that problem too, and you didn't mention that.
3) Someone has put in either Power Factor Correction (PFC) capacitors upstream of the VFDs, or has installed a harmonic filter that has tuned capacitors in it, and again, as you shed loads there is a resonnance that developes and manifests itself in that 7th VFD by building up a charge on it's DC bus. I see this happen sometimes in areas where the utility uses capacitors to help balance or boost their line voltages (although they never admit it), but in those cases it affects all VFDs on the site. If it is affecting only this one VFD, the caps would be much more local to this system. Check your entire system carefully for capacitors, then try to determine why they are there. If they were for PFC, they may not be necessary as the VFDs will present a decent PF to the line already. If they are in harmonic filters, it nay be necessary to turn all of the VFDs off at once to avoid this, or just live with it. A line reactor on this drive may help out if you choose to live with it.
Good luck (and I appologize for appearing harsh in my first post).
"Our virtues and our failings are inseparable, like force and matter. When they separate, man is no more."
Nikola Tesla