Help, Advice and DIY Tutorials on Volvo's P80 platform cars -- Volvo's 1990s "bread and butter" cars -- powered by the ubiquitous and durable Volvo inline 5-cylinder engine.
Are you sure it is antifreeze? It is common, and desirable, for it to drip out water and often that water is oil contaminated and it can look like antifreeze. That said it shouldn't be more than drops and certainly not a stream.
If the turbo cracked I would be looking for oil in the coolant rather than coolant through the intercooler. The oil pressure is much higher than the coolant pressure and a crack in the turbo housing would mix the oil and coolant with the oil winning the pressure war. It would need to be a very strange crack for coolant to get into the compressor side of the turbo. but not mix with the oil.