You made me go look at it again and there is no indication of a knot. But what I did notice, and you can see it in the picture, at the top the wood is a little lighter colour. That's because it's sapwood. The sapwood dipped in the billet there so when I sawed it out there was still a bit of sapwood there. I didn't think it mattered because at the time there was lots of heartwood. As I tillered I reduced the heartwood until what I've got now is about 50% sapwood in that spot. Maybe it's collapsing.