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Dropbox, as well as most other Dropbox-alikes, have effective deep packet inspection and heuristic analysis going on so they can detect and traffic-shape events like bulk backup uploads, to maximise quality of service for burst events like your 500MB upload.
tl;dr: it’s fucking dogshit. Use a proper cloud backup service.
Brun
CYOA
ectoplasmosis
Have done all sorts of testing with dropbox over the years with high volumes of data on different connections from different hardware and have come to the conclusion it's fucking dogshit and to be avoided at all costs if you actually want anything to happen quickly or easily.