You'll find a similar one on the positive side of the ignition coil for the same reason.
Yours should be on the same connector as the Yellow wire in the "A" position.
Yours looks like it might have been replaced at some point, unless that tape is covering something else? The originals were often (always maybe?) a Yellow wire as well.
I'd keep it if you can, but make sure the connection is good and the main Yellow wire has not been compromised or your alternator may not get the proper charging instructions.
And if you can read a short between the wire and the outside case of the radio noise suppressor/capacitor/condenser/thingy then toss it out, as it's failed.
They don't fail in that extreme very often, but it does happen from time to time. One of the first things I check now, when I either have an ignition that won't spark, or an alternator that won't charge.
Paul