diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4a9d4521a..7ad9c69dc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 2.47.1 / 2023-10-04
+
+* [BUGFIX] Fix duplicate sample detection at chunk size limit #12874
+
 ## 2.47.0 / 2023-09-06
 
 This release adds an experimental OpenTelemetry (OTLP) Ingestion feature,
diff --git a/VERSION b/VERSION
index bb13a7e35..24c6ede7a 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.47.0
+2.47.1