diff --git a/hathor/event/event_manager.py b/hathor/event/event_manager.py
index d93c0b8af..d8c0a10a4 100644
--- a/hathor/event/event_manager.py
+++ b/hathor/event/event_manager.py
@@ -12,7 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-from typing import Callable, Iterable, Iterator, Optional
+from typing import Callable, Iterator, Optional
 
 from structlog import get_logger
 
@@ -24,9 +24,12 @@
 from hathor.pubsub import EventArguments, HathorEvents, PubSubManager
 from hathor.transaction import BaseTransaction
 from hathor.util import Reactor, progress
+from hathor.utils.iter import batch_iterator
 
 logger = get_logger()
 
+N_LOAD_EVENTS_PER_BATCH = 10_000
+
 _GROUP_START_EVENTS = {
     EventType.REORG_STARTED,
 }
@@ -258,20 +261,30 @@ def handle_load_phase_vertices(
         if not self._should_reload_events():
             return
 
-        def create_event_batch() -> Iterable[BaseEvent]:
-            assert self._event_ws_factory is not None
-            self.log.info('Starting creating events from existing database...')
+        self.log.info('Started creating events from existing database...')
+        event_iterator = self._create_event_iterator(topological_iterator, total_vertices)
+        event_batches = batch_iterator(event_iterator, N_LOAD_EVENTS_PER_BATCH)
+
+        for batch in event_batches:
+            self._event_storage.save_events(batch)
 
-            for vertex in progress(topological_iterator, log=self.log, total=total_vertices):
-                event = self._handle_event_creation(
-                    event_type=EventType.NEW_VERTEX_ACCEPTED,
-                    event_args=EventArguments(tx=vertex)
-                )
+        self.log.info('Finished creating events from existing database.')
 
-                yield event
-                self._event_ws_factory.broadcast_event(event)
-                self._last_event = event
+    def _create_event_iterator(
+        self,
+        topological_iterator: Iterator[BaseTransaction],
+        total_vertices: int
+    ) -> Iterator[BaseEvent]:
+        """Given a topological iterator of txs, create an iterator of events while also tracking progress and
+        broadcasting them."""
+        assert self._event_ws_factory is not None
 
-            self.log.info('Finished creating events from existing database.')
+        for vertex in progress(topological_iterator, log=self.log, total=total_vertices):
+            event = self._handle_event_creation(
+                event_type=EventType.NEW_VERTEX_ACCEPTED,
+                event_args=EventArguments(tx=vertex)
+            )
 
-        self._event_storage.save_events(create_event_batch())
+            yield event
+            self._event_ws_factory.broadcast_event(event)
+            self._last_event = event
diff --git a/hathor/utils/iter.py b/hathor/utils/iter.py
new file mode 100644
index 000000000..73139b979
--- /dev/null
+++ b/hathor/utils/iter.py
@@ -0,0 +1,44 @@
+#  Copyright 2023 Hathor Labs
+#
+#  Licensed under the Apache License, Version 2.0 (the "License");
+#  you may not use this file except in compliance with the License.
+#  You may obtain a copy of the License at
+#
+#  http://www.apache.org/licenses/LICENSE-2.0
+#
+#  Unless required by applicable law or agreed to in writing, software
+#  distributed under the License is distributed on an "AS IS" BASIS,
+#  WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+#  See the License for the specific language governing permissions and
+#  limitations under the License.
+
+from typing import Iterable, TypeVar
+
+T = TypeVar('T')
+
+
+def batch_iterator(iterator: Iterable[T], batch_size: int) -> Iterable[list[T]]:
+    """
+    Yield batches of up to batch_size items from iterator.
+
+    >>> list(batch_iterator([], 10))
+    []
+    >>> list(batch_iterator([1, 2, 3, 4], 1))
+    [[1], [2], [3], [4]]
+    >>> list(batch_iterator([1, 2, 3, 4], 2))
+    [[1, 2], [3, 4]]
+    >>> list(batch_iterator([1, 2, 3, 4], 3))
+    [[1, 2, 3], [4]]
+    >>> list(batch_iterator([1, 2, 3, 4], 4))
+    [[1, 2, 3, 4]]
+    """
+    assert batch_size >= 1
+    batch = []
+    for item in iterator:
+        batch.append(item)
+        if len(batch) >= batch_size:
+            yield batch
+            batch = []
+
+    if batch:
+        yield batch