UNREAL ENGINE 5.4 EXTREMELY BAD PERFORMANCE

Anyone else have what seems like a memory leak in UE5.4?

Been constantly getting crashes, both the UE engine and from explorer to blue screen. Left task manager open to see wth is going on and to my surprise, even on a blank project, my ram topped at around ~29GB/32GB and the engine crashed. This happens every 20 or so minutes. Starts to stutter then crash. I’ve upped my virtual memory to 128gb, after the rams full the virtual mem gives me another 10 or so min before crashing but then the whole pc is retarded slow.

Specs:
CPU: Ryzen 5800X3D -Water cooled
GPU: 3080TI -Water cooled
Ram: 32GB same kit ram (corsair 3200 cl16)
Motherboard: Tomahawk Max 2
SSD: 2TB NVMe

As you can see, my system is quite capable. I’ve messed around with UE on worse systems before and even before I upgraded my 16Gb ram to 32Gb, I’ve never had this problem. I’m literally forced to restart the engine every 20 or so min. Every time I click on the play icon, the ram usage goes up by a few 100mb but never go down when I hit Esc…