diff --git a/wp-includes/media.php b/wp-includes/media.php
index f8b0f9c1b1..234a826447 100644
--- a/wp-includes/media.php
+++ b/wp-includes/media.php
@@ -5666,11 +5666,12 @@ function wp_get_loading_optimization_attributes( $tag_name, $attr, $context ) {
 		/*
 		 * Skip programmatically created images within post content as they need to be handled together with the other
 		 * images within the post content.
-		 * Without this clause, they would already be counted below which skews the number and can result in the first
-		 * post content image being lazy-loaded only because there are images elsewhere in the post content.
+		 * Without this clause, they would already be considered below which skews the image count and can result in
+		 * the first post content image being lazy-loaded or an image further down the page being marked as a high
+		 * priority.
 		 */
 		if ( doing_filter( 'the_content' ) ) {
-			return $postprocess( $loading_attrs, true );
+			return $loading_attrs;
 		}
 
 		// Conditionally skip lazy-loading on images before the loop.
diff --git a/wp-includes/version.php b/wp-includes/version.php
index 69bed8706b..287bdce857 100644
--- a/wp-includes/version.php
+++ b/wp-includes/version.php
@@ -16,7 +16,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '6.3-beta3-56163';
+$wp_version = '6.3-beta3-56164';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.