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.
{
    LOCK(cs_wallet);
    WalletBatch batch(*database, "r+", fFlushOnClose);
    uint256 hash = wtxIn.GetHash();
    
    std::pair<std::map<uint256, CWalletTx>::iterator, bool> ret = mapWallet.insert(std::make_pair(hash, wtxIn));
    CWalletTx& wtx = (*ret.first).second;
    wtx.BindWallet(this);
    bool fInsertedNew = ret.second;
    if (fInsertedNew) {
        wtx.nTimeReceived = chain().getAdjustedTime();
        wtx.nOrderPos = IncOrderPosNext(&batch);