one hint from my side...II used unclutter on raspbian busterRaspbian Buster to hide the mouse pointer. I did not directly recognizenotice, but indeed after using unclutter lxpanel also had ~100% cpu~100 % CPU usage. Somehow they disturb each other.
I simply uninstalled unclutter and did hidehid the mouse pointer by another method:
sudo nano /etc/lightdm/lightdm.conf
changed:
# xserver-command = X
to:
xserver-command = X -nocursor
and lxpanel had nicely a nice low cpuCPU usage again.
best regards, ]-[ermann