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No.
Hashirama prioritized unbinding Sasuke from his internal troubles. Tobirama compromised Sasuke's safety by threatening to harm him; he raised his finger which indicates a Jutsu was about to be used. He was able to use his Suiryūdan no Jutsu with only one hand seal, when it typically requires 44. So him lifting a finger means he was about to unleash something. Then, Hashirama spiked his chakra in an attempt to intimidate his younger brother. I don't see what the problem is here. Nidaime was intimidated by this and he did proceed to do as Hashirama commanded.
In order to use jutsu, you clearly need chakra to be aroused. Nidai aroused his chakra in order to intimidate Sasuke, and yes, putting him in danger. Then, Hashirama proceeded to arouse his chakra beyond that of Tobirama, to subdue not intimidate. Hashirama is the older brother, in Japan, being the elder gives a sense of superiority and higher authority, something which Tobirama cannot contest, and so, Hashirama needed to remind him who's boss, essentially.