Yeah, I think you're right about it relating to reused passwords. I've also seen a lot of sites having passwords with a minimum length of 6 so the shape would make sense if there's an exponential fall of from 6 added to a fall of from 8.
It's supposed to be a skewed normal curve, right? So with individual site requirements boosting the 6 AND 8 minimum character lengths it would all make sense, since that's where we get 2 spikes. Remove those spikes and we get the nice normal chart as expected.