Performing the following (note the range of 10,000):

`importmulti '[{"desc": "sh(wpkh([aeee1e6a/49h/1h/0h]tpubDC5bVdaveQYxGFztMShFAjU637kKjrs9FD8ne1oHR7z8tLeQJExsaxWRVeSpcCcYMdp5ecf2LQhuVaeYFZ7YEpvWTJr4nDGUJrmuvLuTSsp/1/*))", "keypool": true, "timestamp": "now", "watchonly": true, "internal": true, "range": {"end": 1000}}]' '{"rescan": false}'`

takes many minutes. @achow101 reports a similar import taking 6 minutes on his machine.
{
    WalletBatch batch(*database);
    return SetAddressBookWithDB(batch, address, strName, strPurpose);
}
bool CWallet::DelAddressBook(const CTxDestination& address)
{
    {
        LOCK(cs_wallet);
        
        std::string strAddress = EncodeDestination(address);
        for (const std::pair<const std::string, std::string> &item : mapAddressBook[address].destdata)
        {
            WalletBatch(*database).EraseDestData(strAddress, item.first);
        }
        mapAddressBook.erase(address);
    }
    NotifyAddressBookChanged(this, address, "", ::IsMine(*this, address) != ISMINE_NO, "", CT_DELETED);
    WalletBatch(*database).ErasePurpose(EncodeDestination(address));
    return WalletBatch(*database).EraseName(EncodeDestination(address));
}
const std::string& CWallet::GetLabelName(const CScript& scriptPubKey) const