This strategy is great, it won't get short squeezed like the pre-market because the overall profit is determined by the win rate. You also don’t have to worry about some crazy coin skyrocketing at the opening, and you don't need to pay contract fees. Each high FDV bets an equal amount of chips, and as long as the win rate is above 60%, playing long-term will be a positive EV, because there aren’t that many people catching a falling knife in the secondary market. The only downside is probably the lack of liquidity on the opponent's side.