If we don't do that, then this array is ResourceArea allocated. That means we can get in trouble with ResourceMarks inside the PhaseIdealLoop. If the array is updated because of new nodes, and this grows the area in a ResourceMark scope, then the data behind _loop_or_ctrl becomes invalid, and we get use-after-free memory corruption bugs.
The array was added in JDK-8302670, hence this is a fix to that regression. We should backport down to JDK21.
I don't yet have a reproducer. But this triggered with my patch for JDK-8325589.