He told his servants to bring him the hawk.
If Loki had pretended to join the Children of Thanos, he could have potentially saved both his and Thor's lives.
But because they were tired after walking the whole day, they did not think much about it and went inside to sleep for the night in the middle of the hall.
They decided to create a huge man from clay and have it come to life and wait by Grjotunagardar.
The King sat and looked at them for a few moments, and said; News travels slowly from distant parts, but am I wrong in thinking that this little fellow with the red hair is Thor? All four sleep beneath an oak tree near Skrymir in fear.
Then Utgard Loke said; The contest is over you lost little boy and walked inside.