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.
/**
     * Add a transaction to the wallet, or update it.  pIndex and posInBlock should
     * be set when the transaction was known to be included in a block.  When
     * pIndex == nullptr, then wallet state is not updated in AddToWallet, but
     * notifications happen and cached balances are marked dirty.
     *
     * If fUpdate is true, existing transactions will be updated.
     * TODO: One exception to this is that the abandoned state is cleared under the
     * assumption that any further notification of a transaction that was considered
     * abandoned is an indication that it is not safe to be considered abandoned.
     * Abandoned state should probably be more carefully tracked via different
     * posInBlock signals or by checking mempool presence when necessary.
     */
    bool AddToWalletIfInvolvingMe(const CTransactionRef& tx, const uint256& block_hash, int posInBlock, bool fUpdate) EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
    
    void MarkConflicted(const uint256& hashBlock, const uint256& hashTx);
    
    void MarkInputsDirty(const CTransactionRef& tx) EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
    void SyncMetaData(std::pair<TxSpends::iterator, TxSpends::iterator>) EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
    /* Used by TransactionAddedToMemorypool/BlockConnected/Disconnected/ScanForWalletTransactions.
     * Should be called with non-zero block_hash and posInBlock if this is for a transaction that is included in a block. */
    void SyncTransaction(const CTransactionRef& tx, const uint256& block_hash, int posInBlock = 0, bool update_tx = true) EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
    
    CHDChain hdChain;
    
    void DeriveNewChildKey(WalletBatch& batch, CKeyMetadata& metadata, CKey& secret, bool internal = false) EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
    std::set<int64_t> setInternalKeyPool GUARDED_BY(cs_wallet);
    std::set<int64_t> setExternalKeyPool GUARDED_BY(cs_wallet);
    std::set<int64_t> set_pre_split_keypool GUARDED_BY(cs_wallet);
    int64_t m_max_keypool_index GUARDED_BY(cs_wallet) = 0;