ब्रह्मादिस्तम्बपर्यन्ताः प्राणिनस्त्वयि कल्पिताः ।बुद्बुदादितरङ्गान्ता विकाराः सागरे यथा ॥ ९ ॥
In plain words
Every living being — from Brahmā at the very top to a clump of grass at the very bottom — is imagined in you. Just as everything from a bubble to a breaking wave is a shape the ocean takes.
Close to the Sanskrit
Living beings, beginning with Brahmā and ending with a clump of grass, are imagined in you — just as modifications, beginning with bubbles and ending with waves, are in the ocean.