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.
{
    AssertLockHeld(cs_wallet);
    std::map<CTxDestination, std::vector<COutput>> result;
    std::vector<COutput> availableCoins;
    AvailableCoins(locked_chain, availableCoins);
    for (const COutput& coin : availableCoins) {
        CTxDestination address;
        if (coin.fSpendable &&
            ExtractDestination(FindNonChangeParentOutput(*coin.tx->tx, coin.i).scriptPubKey, address)) {
            result[address].emplace_back(std::move(coin));
        }
    }
    std::vector<COutPoint> lockedCoins;
    ListLockedCoins(lockedCoins);
    for (const COutPoint& output : lockedCoins) {
        auto it = mapWallet.find(output.hash);
        if (it != mapWallet.end()) {