Indeed, the blonde beauty and Loki were one and the same. This was Loki's true form, one she rarely revealed due to the lecherous gods above who sought her out.
She hadn't intended to transform into this form now, but Thor's mention of Azmond triggered an emotional response she couldn't resist.
There was something about that mortal that always seemed to stir up Loki's emotions, sending them into a tailspin…
....
"What are you so flustered over, sister??" Thor asked in a slightly confused voice.
He had never seen his sister get so worked up over... Well, anybody. His sister was the most calm and composed person he knew. And, yet she was freaking out over the mere mention of a mortal.
Some oddly perceptive thoughts began swirling around inside Thor's muscle brain. Something that was extremely unusual for the red giant…
That was when he realized something that could change everything.