Encumbered at 98%

[Ladyrowan]

I was running down the road at 98% and the character starts walking and gets the encumbered debuff.
I picked nothing up.

[Razuqze]

This happened to me whenever I was above 95% as well.

[FoxnEagle]

I've had this happen as well. Moving anything in your inventory fixes it.

[Prometheus]

Fixed in v.a.2.3.3o