saba bhakta - all the devotees; lañā - taking; prabhu - Śrī Caitanya Mahāprabhu; nāmilena jale - got down in the water; sabā lañā - taking all of them; jala-krīḍā - activities in the water; karena - performs; kutūhale - in great jubilation.

Śrī Caitanya Mahāprabhu entered the water with His devotees and began His pastimes with them in great jubilation.