Odin arrives in Asgard a little too late and will only be greeted by the news of both Thor's and Fenrir's disappearance. That news itself was infuriating enough, but when he realised that Vale had slipped into the eternal slumber, his heart broke into a thousand pieces and enraged him at the same time.
The eternal slumber of the Asgardians was equivalent to the comatose state found in the humans. There was no telling when Vale will wake up from his slumber, that is if he ever did. Also, he might not be the same ever again, despite walking up.
In his blind rage, Odin immediately ordered Loki to be bound in chains, just like Thor had told Magni to do before leaving. But then Odin took the order to the next extent and told the Valkyries to keep lashing Loki with the whip made out of the bones of frost giants without any break.