Maybe you dont always get this much action, but it just happened this one time? But if you do note, that your table is playing very loose, it can certainly make sense to raise to a bigger size with premium hands. You then need to decide, if you think, they are so bad, you can have different raise sizes, or if you want to go bigger with your entire range and then simply fold the more marginal hands, that are not profitable with a big raise size. Depending how deep stacks were, it can also be a reasonable option to fold your overpair, when two people have moved all in on the flop.
__________________
|