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.
{
    auto locked_chain = chain().lock();
    LOCK(cs_wallet);
    CAmount balance = 0;
    std::vector<COutput> vCoins;
    AvailableCoins(*locked_chain, vCoins, true, coinControl);
    for (const COutput& out : vCoins) {
        if (out.fSpendable) {
            balance += out.tx->tx->vout[out.i].nValue;
        }
    }
    return balance;
}
void CWallet::AvailableCoins(interfaces::Chain::Lock& locked_chain, std::vector<COutput> &vCoins, bool fOnlySafe, const CCoinControl *coinControl, const CAmount &nMinimumAmount, const CAmount &nMaximumAmount, const CAmount &nMinimumSumAmount, const uint64_t nMaximumCount, const int nMinDepth, const int nMaxDepth) const