I don't think it's something to worry about: my tankraised reds (ok, that's not a 100% correct comparison, but still...) from time to time look a bit washed out as well. Usually, they have a pretty bright red belly, but from time to time, but they loose their vivid colors for a while (as in a couple of days) as well.
Maybe it's a lil' stress, a sign that a water chance is needed, maybe it's hunger (or overfeeding), maybe it's just a thing that happens naturally from time to time, I'm not sure. But it doesn't seem to affect my lil' guys one bit, and they've regained their normal coloration after a while...
One more thing I just remembered (if I recall correctly, Frank has written this sometime, somewhere): tank-kept piranha's (or fish in general, for that matter) lack certain minerals/nutrients they do find in the wild, and since diet is one of the things that affect/influence coloration, it could be that as well...