I'm having a similar issue that I only noticed towards the end of December with Excel 365 crashing whenever I edit external data properties for any type of database connection I've been using, including a legacy Microsoft Query. Excel restarts without warning and the event viewer refers to exception code 0xc0000374 with the faulting module name being ntdll.dll, version 10.0.19041.5007. Googling this isn't much help as it appears this is rather a generic issue to do with heap corruption.
I've tried an online repair of Excel, as well as running the Windows system file checker, but to no avail. I'm running Windows 10 Pro 64-bit and my Windows updates are up-to-date. I am running the 32-bit version of Excel 365 as we're still needing to access a legacy ODBC connection that only supports 32-bit.
Just today there was a new Office (AKA Microsoft) 365 update available so I've proceeded with it too, but I'm still getting the same crash in Excel.
I've tried clearing data caches and deleting temporary files, and I've also tried using a different user profile on the same computer, but also no joy.
As I'm not only getting crashes with Power Query related tables but also Microsoft Query related tables, I chose to post here rather than in the Microsoft Fabric Community forum where I see the OP did indeed raise his issue again.
At this point I'll probably wait for Tuesday's Windows updates and if those don't solve the issue, I see no other course of action other than to go through the hassle of performing a Windows reset and then reinstalling all my applications.